Tim Goyder said at the AGM:
We had every intention of endorsing the binding proposal once it was presented. We were prepared to work with Albemarle to secure shareholder approval for the proposed Scheme of Arrangement
ALB very lucky Gina blocked the deal....
KV in the top 10% of highest cost producers....
Would have almost bankrupted the biggest Western lithium company...
Core C1 cost last quarter was $1953/t.....
Sayona C1 last quarter $1397/t.....
They are mid cost producers...AISC ?? much higher.....
Plus loan repayments......
LTR will be well above these 2 because its a high cost producer....
I have listed the reasons previously….
Why do you think the banks walked away.....
Why was Tim so happy to accept $3????
A lot of extra supply coming on shortly...
KV 500kt
LLL. 500kt....
SQM expanding full steam ahead...
PLS P680 the P1000
Mt Holland now producing.....
The list goes on....
ASX Today, page-38460
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